MODULEX CONSTRUCTION TECHNOLOGIES LIMITED — Capital/Financing Update 2025

Feb 11, 2025

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11[th] February,2025

To, The Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001.

Security ID: MODULEX

Scrip Code: 504273

Sub: Statement of deviation (s) or variation(s) under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 31[st] December 2024.

Dear Sir/Madam,

Pursuant to Regulation 32 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’) read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November , 2024, we hereby confirm that there was no deviation or variation in the use of proceeds of funds raised through Preferential issue of Warrants , from the objects stated in explanatory statement to the notice of Extra Ordinary General meeting dated 13[th] November, 2024.

A Statement of deviation or variation for the quarter ended 31[st] December 2024, was reviewed by the Audit Committee of the Company at its meeting held on 10[th] February 2025 as required under Regulation 32(3) of the Listing Regulations. The same is enclosed herewith in the prescribed format.

You are requested to kindly take the same on records.

Yours faithfully,

For Modulex Construction Technologies Limited

Digitally signed Bhoomi by Bhoomi Mewada Mewada Date: 2025.02.11 16:41:19 +05'30'

Bhoomi Mewada Company Secretary and Compliance Officer

Encl: As above

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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STATEMENT ON DEVIATION OR VARIATION FOR THE PROCEEDS OF PREFRENTIAL ISSUE

Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised	Statement on Deviation/ Variation in utilization of funds raised
Name of listed entity Modulex Construction Technologies Limited
Mode of Fund Raising Preferential Issue of warrants
Date of Raising Funds 18thDecember,2024
Amount Raised Rs. 52602628.5/-
Amount received on application and call money Rs.52602628.5/-
Report filed forQuarter ended 31st December,2024
Monitoring Agency Not applicable
Monitoring Agency Name, if applicable Not applicable
Is there a Deviation/ Variation in use of funds raised No
If yes, whether the same is pursuant to change in NA terms of a contract or objects, which was approved by the shareholders Not applicable
If Yes, Date of shareholder Approval Not applicable
Explanation for the Deviation/ Variation Not applicable
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No comments
Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object	Modifi ed Object, if any	Original Allocation	Modifie d Allocati on if any	Funds Utilized	Amount of Deviation/V ariation for the quarter according to applicable object	Rema rk if any
The Company will utilise the proceeds from the preferential issue of Warrants as a loan to its Subsidiary Company for the construction of the factory at Indapur, Pune, Maharashtra.	NA	Rs.526,02,628/-	Nil	Rs.4,41,00,000/- (Advance to Frameclad Limited (UK) against Import of Machinery and related bank charges)	Nil	NA

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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Deviation or variation could mean:

a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.

For Modulex Construction Technologies Limited

AJAY Digitally signed by AJAY SHRIDHAR SHRIDHAR PALEKAR Date: 2025.02.11 PALEKAR 15:29:50 +05'30' Ajay Palekar Managing Director

Modulex Construction Technologies Limited t/a Modulex CIN: L25999PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX

Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061